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Message: If today is any indication....

If today is any indication....

posted on Jan 04, 2010 05:40PM

tomorrow we will close at .1372

Looking back over the charts it seems that we never sustain an upward channel movement. It is always a jump up with a slow "Chinese water torture" decline until the next jump up. Each significant jump seems to be preceded by high volume, i.e. over 1 million shares traded in the first 5 minutes to 1/2 hour. A share price is obtainable within .02 of the previous close when these jump ups occur, so it seems to me that if one can watch each opening closely they could keep their money in cash and get in the stock without loosing much of the run as compared to if they were long and suffering the tortuous declines related there to.

Just mentally fooling around, but this strategy seems to have some merit.

GLTA

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